|
Below is an in-depth analysis and side-by-side comparison of Cousins Subs vs Tossed including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $119,200 - $300,800 | $263,500 - $397,000 |
Franchise Fee | $25,000 | $25,000 |
Royalty Fee | 6% | 5% |
Advertising Fee | 2% | 1% |
Year Founded | 1972 | 1998 |
Year Franchised | 1985 | 0 |
Term Of Agreement | 10 years +10 | - |
Term Of Agreement | 10 years +10 | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | Although a food background is certainly helpful, it is not required but we highly recommend your store operator be experienced in day to day food service operations. We are looking for franchisees that have a strong business background that can operate multiple units. Tossed is the ideal expansion vehicle for existing knowledgeable operators. More important than experience in the food service industry, you should have the following qualities: customer service orientation, the ability to train and motivate, enthusiasm, energy and willingness to follow our systems. | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 185 hours Classroom Training: 53 hours Additional Training: 21 days training total | A training team will train your management and staff with the necessary skills to provide excellent customer service. |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Our franchise core is designed to provide you with the tools and support you need to make Tossed the first choice for potential customers. The support begins before you open your restaurant with a development team that will assist in creating the Tossed environment. Once your restaurant is open, ongoing follow-up support will be provided to insure that systems and specifications are in place. |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | No | Yes |
Canada Expansion | No | - |
International Expansion | No | - |
Great food. High quality. Good value. Committed. These are the words our guests and franchisees use to describe the Cousins Subs opportunity.
Our guests love our food, and our franchisees respect our organization. Our vision of excellence is what keeps us growing and keeps our guests coming back on a regular basis.
We are Cousins Subs , a leader in the growing QSR (Quick Service Restaurant) segment of the restaurant industry. Cousins Subs competitive advantages include:
- Being a cash business with low receivables and little inventory.
- Having a multi-unit market penetration strategy.
- Possessing an in-depth understanding of the future of our business and industry
- Offering innovative and automated business systems.
We invite you to visit several of our locations, and contact us to learn more. Whether you are interested in developing an entire market or to begin with a single unit franchise, Cousins Subs is your franchise of choice!
Seeking new franchisees in Arkansas, Arizona, Florida, Iowa, Illinois, Indiana, Kansas, Michigan,
Minnesota, Missouri, North Dakota, Oklahoma, South Dakota, Texas,
and Wisconsin
Our franchise program supports the franchisee whether you are a single unit operator, or you choose to build multiple locations. Benefits of a Tossed Regional Developer * Opportunity to own the exclusive rights to develop Tossed restaurants in your territory * The ability to recruit franchisees within your territory * Supervision over the development and operations of the franchisees operating within your territory * Receive half of the initial franchisee fees that are collected from franchisees in your territory * Receive half of the franchisee royalty fees that are collected from franchisees in your territory Duties * Construction * Preliminary real estate location analysis * Training * Lease negotiations * Pre/post opening support * Architectural/store layout * Marketing support As we expand across the country, we remain completely committed to providing the freshest, healthiest food and world class customer service.